Significant advancements have been realized in health care, a factor that has improved many procedures as well as patient’s safety. Moreover, the year 2020 is likely to witness major milestone achievements due to the effort that different stakeholders in healthcare continue to incorporate in the above sector. In light of the contributions that nursing professionals have to make towards the transformation of the above field, one of the most important competencies out of the eight described by Huston is the third one. It states that there is a need for possession of expert decision-making skills which encompass the ability to engage intuition as well as empirical skills to come up with solutions to seemingly wicked medical cases that do not have a direct answer. There will be need to use different technological tools to help in the evaluation of data in a way that it is easier to diagnose as well as decide the best practice to be carried on a patient after that. In the above competency, Huston also suggests that nurses should surround themselves with individuals with varied professional skills so that they can aid them in the decision making process (Huston, 2010).
In light of the above competency, a BSN can help a nurse leader in the budgeting process through the presentation of data readily available to him or her in various ways. First of all, due to the qualification of a BSN nurse and her competencies in handling different cases in the hospital setting, she is likely not only to present raw data to the leader, but she is also in a position to help in the analysis of data in a bid to make a desirable budget. Here, she can advise on the use opportunity cost as a guiding principle in the allocation of funds to the different hospital programs. In addition to the above, she can use her empirical analysis knowledge in identifying elements such as trends eminent in the data available. In doing so, with the help of the nurse leader, they can come up with patterns that help in understanding what is prevailing in the system. From there, it is possible for both professionals to come up with a comprehensive well thought out budget.
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In conclusion, through competencies in data analysis as well as ability to dissect given cases and identify the core aspects that are at risk, a BSN qualified nurse can help a nurse leader in coming up with a desirable, all-inclusive budget.
References
Huston, C. (2010). What skills will the nurse leaders of 2020 need? (2010). Kai Tiaki Nursing New Zealand, 16(6), 14–15.